Dubai's Weekly News Snapshot: The Ampersand 03-03-2023

Dubai's Weekly News Snapshot: The Ampersand 03-03-2023

Monday 06 March 2023Wed 16 Feb
Dubai's Weekly News Snapshot: The Ampersand 03-03-2023

In case you missed it, property value saw a 42.1% surge!

Following a remarkable month, February saw a transcendent growth of 63.9% in sales value, with a whopping 8,994 property sales transactions from last February!

We are excited to announce that our monthly sales report is finally here, and it breaks down all the incredible records broken in February and much more!

Click here to read the exclusive insights!

News that caught our attention this week:

Expats with AED 10,000 salary can now sponsor family members.

Exciting news for anyone living in the UAE! This week, the UAE Government announced a new visa update that has the potential to be a game changer for anyone looking to bring their loved ones to the country.

The new law states that if you earn a salary of AED 10,000 or more, you can now sponsor up to five of your relatives in the UAE. This is a significant change from the previous limit of AED 20,000.

Interested to read further? Read our blog here.

RTA announces new traffic enhancement plans for Hessa St.

We get it if you’re sick of banging your head on the steering wheel while stuck in traffic on Hessa St.

Drumroll, please!

Roads Transport Authority (RTA) has announced new traffic enhancement plans through which entrances and exits will be upgraded, upper bridges will be improved, and the road’s overall capacity will be increased.

Exits in JVC and JVT will also be enhanced to help with traffic in both areas.

RTA shared this through a tweet, and if you are looking to know more, then read our blog here.

Etihad Rail announces 100% completion!

The National Rail Network of the UAE is a colossal infrastructure set to become one of the most significant projects of its kind in the region. Its ultimate aim was to link all seven Emirates via a comprehensive railway network.

Great news! The stellar news dropped in a recent Tweet video by Etihad Rail. The rail is now officially complete and will cover a staggering distance of 900 km and connect all seven Emirates!

Source: Arabian Business

Company Updates:

Still figuring out the Ejari Direct Debit system? Talk to us!

In case you missed it, rental payments can now be made through Ejari’s Direct Debit system because post-dated cheques are so post-dated! Real estate agents in Dubai are piloting the new direct debit system, which allows them to debit rent from the tenant’s bank account hassle-free directly.

Allsopp & Allsopp is proud to share that we are the first real estate agency in the city to implement the Direct Debit System in our property management division. If you are looking for ways to figure out the new system get in touch with our Head of Property Management; Anisha Sagar. Or read our blog on Direct Debit simplified!

Ring in St. Patricks Day at Caesers Palace with our very own, Stephen Folan!

White collar boxing is booming at the minute and with St. Patricks Day just around the corner, our very own Stephen Folan from Allsopp & Allsopp will be hoping in the ring amongst many other white-collar boxers.

The likes of Jake Paul and Tommy Fury will also be in the ring and can be watched at the Caesers Palace with tickets ringing off at AED 350! Buy the tickets here.

In case that's not sufficient to pique your interest, there's an after-party at 88 Terrace located nearby, starting from midnight. The evening officially begins before the fights at 6 pm.

Live in Dubai Marina’s most iconic tower - Ocean Heights!

Take a look at this luxurious five-bedroom with full panoramic views of the Palm Jumeirah, a theatre room, private pool, gym and sauna, and steam room - its luxury living at its peak. If this home screams all things you - get in touch with Alexter Smith: +971 58 536 2166

Subscribe to Newsletter

Receive a round-up of all the important news in one go!

Latest News & Videos